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Business Agreements Drafting

About This Plan

A business contract is a legal agreement between a buyer and seller of goods or services. Business contracts can be used by anyone making any kind of business exchange – from large companies to individuals. Business contracts should include all details about the exchange, including payment, the type of goods or services, and the responsibilities of each party. A business contract will protect both the buyer and seller in the event the other party does not hold up their end of the agreement.

 

A Business agreement is a kind of agreement in which each party agrees to an exchange typically involving money, goods, and services. It protects both buyer and seller by reducing agreements to writings. The contract can be as long or as short as possible and necessary in order to cover the important details of the contract.

 

A business agreement requires the following:

 

  • Offer
  • Acceptance
  • Consideration
  • Meeting of the minds

​The outturn of not having a signed agreement:

 

When you have a business contract reduced to writing, you have a clear road map detailing what you and the other party to the contract agreed to. Because contracts are legally binding, if the other party fails to meet their obligations, you have the right to legal recourse.

 

The absence of written service agreements and sales agreements has led to many disagreements. This can lead to lost business and ill will. In some cases, if the contract is not in writing, it is not enforceable – even if there is no dispute over the terms.

 

Lawyers often say oral contracts are not worth the paper they are written on. This is because proving the terms of the agreement, absent a written document, is nearly impossible.

 

Also, once a business agreement is signed, we cannot get out of it. Hence, we can conclude that while entering any contract/ or business deal, there must always be a clear picture of the contract and its terms and conditions.

How It's Done

  • Business Incorporation agreements:
  1. Partnership Deed
  2. Franchise Agreement
  3. Shareholders Agreement
  4. Joint Venture Agreement
  5. Business Transfer Agreement
  6. Limited Liability Partnership Agreement
  7. Memorandum of Understanding (MOUs)
     
  • Corporate AgreementsSupply Contract
  1. Service Agreement
  2. Consultancy Agreement
  3. Employment Agreement
  4. Non-Compete Agreement
  5. Non-Disclosure Agreement (NDAs)
  6. Deed of Retirement from Partnership
  7. Commercial Lease / Lease for Office Premises (Rent Agreement)

  • Board Resolutions
  1. Board Resolution for the resignation of Director
  2. Board Resolution for Appointment of Director
  3. Board Resolution for investment in a company
  4. Board Resolution for giving loans to sister concerns/ related parties
  5. Board Resolutions for commencement of business compliance

  • Technology information Agreements
  1. Website cookies policy
  2. Privacy Policy for websites and Mobile Applications
  3. Terms and Conditions for websites and mobile applications
  4. Return/ Exchange policy for websites and Mobile Applications

Information Guide

Post engagement and pre-payment of fees, SSI professionals will get in touch with you for the necessary documents which are relevant to draft the required agreement(s)

 

Once the documents have been provided by you, our team will take up to 4 working hours to furnish the draft agreements for your review.

 

Once your written confirmation has been received for the content and layout of the agreements, we provide you the final copy after incorporating all the changes (if any) suggested by you.

FAQs

Is every written contract legally binding?
No, There are certain written contracts that are not enforceable. These include contracts signed by children and contracts signed by people who are not mentally sound. Additionally, contracts that deal with illegalities are not enforceable. For example, you cannot engage in a legal contract to buy or sell illegal drugs.
What is a conditional business contracts?
A conditional business contract is a contract predicated on certain conditions occurring. For example, if you have a snow removal business, your service agreement may read, “Ace Snow Removal will remove snow from parking lots, walkways, and business entrances after snowfalls of two inches or more.

” The contract is about snow removal. The condition is the presence of two inches of snow or more.
Do I need a new contract if I want to change the terms of the agreement?
Yes. Any time the terms of the agreement change, this should be documented in a new contract. The new contract should also make clear this contract replaces the old contract.

Price available on request

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